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20 and 200 SMA indicators with unnecessary additions
As many of you know, world famous Oliver Velez uses the simple 20 and 200 simple moving averages on 2 min time frame with price actions above or below these key SMAs for day/scalp trading involving narrow state versus wide state trend or anti-trend methods. The 20 SMA line uses different colors to indicate whether it is going up or down.
Against Oliver's advice, I also unnecessarily added boll bands on the 200 SMA, two +/- percent lines off 200 SMA to measure how far away prices are from the 200 SMA. I also added 10 ema cross 20 SMA cross signal, MACD line up /down, RSI crossover RSI SMA for those are want to make things complicated or might find they helpful. You can turn off all these ideally to Keep It Simple.
Again trading success is 80% psychology and 20% a good trading system plus risk management. Good luck.
Against Oliver's advice, I also unnecessarily added boll bands on the 200 SMA, two +/- percent lines off 200 SMA to measure how far away prices are from the 200 SMA. I also added 10 ema cross 20 SMA cross signal, MACD line up /down, RSI crossover RSI SMA for those are want to make things complicated or might find they helpful. You can turn off all these ideally to Keep It Simple.
Again trading success is 80% psychology and 20% a good trading system plus risk management. Good luck.
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。